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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading Down 7.4% - What's Next?

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) shares traded down 7.4% on Tuesday . The company traded as low as $18.58 and last traded at $18.41. 34,027,935 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 62,644,105 shares. The stock had previously closed at $19.87.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The stock's 50 day simple moving average is $27.96 and its two-hundred day simple moving average is $18.20. The firm has a market capitalization of $3.91 billion, a PE ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a dividend of $0.1399 per share. The ex-dividend date was Monday, December 23rd.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Several institutional investors have recently added to or reduced their stakes in the stock. Citigroup Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter worth $51,145,000. Simplex Trading LLC lifted its position in shares of Direxion Daily TSLA Bull 2X Shares by 230.3% during the 4th quarter. Simplex Trading LLC now owns 465,134 shares of the company's stock worth $12,805,000 after purchasing an additional 324,332 shares during the last quarter. Barclays PLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth $7,433,000. SBI Securities Co. Ltd. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth $5,752,000. Finally, TB Alternative Assets Ltd. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth $2,794,000.

Direxion Daily TSLA Bull 2X Shares Company Profile

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